During the coronavirus crisis, bitcoin is trading under selling pressure. This week, the most popular cryptocurrency seems to be going to test the nearest Liquidity Pool at the Clean Low $5,605.90 as the primary target and $4,973.75 as the secondary target. As long as Bitcoin does not rebound and closes above $6,741.45, then definitely Bitcoin will continue with the previous downtrend to test the next Weekly Liquidity Pool at $3,940.36.
The overall bias of bitcoin is bearish.
(Disclaimer)
